Madonna's $40M Townhouse Now Just Worth $32.5M
Updated 9:51 AM EST, Wed, Jul 29, 2009
It's official: Madonna is an Upper East Sider, having just closed on the 57-foot-wide Georgian-style townhouse at 152 East 81st Street.
Yes, yes -- eww, east of Lexington Avenue, the horror, blah blah blah. The lingering mystery was how much the Material Girl shelled out, with initial reports putting her bid at $40 million (the asking price was $42 million, down from $45M). Not so, the Times' Josh Barbanel reports.
Madge paid only $32.5 million, or $1.25 million per each of its 26 rooms. Of course, there's also a pair of garages to preserve a bit of privacy and a 3,000-square-foot garden for the brood to stretch their legs. It's the biggest townhouse deal of the year, but will the discount silence brokers who criticized Madonna's big-money move to the wrong side of Lex? Above, another look at what $40 $32.5 million gets you on the UES, before the house goes all country.
First Published: Jun 29, 2009 10:03 AM EST
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